Yesterday's CPI data was broadly positive. After touching the support level of 102700, the price rose to 104900 in the early morning, but failed to break through the resistance level of 105000.
After digesting the news, the price has pulled back and is currently down to the support level of 100300.
In the short term, the market is experiencing significant volatility, so it is essential to closely monitor market trends and adjust strategies flexibly.
Trading suggestion for Bitcoin: Focus on short positions, looking bearish in the range of 104500-105300, with a target towards 103000-102000.
